RUNNING WITH EQUITY RETAIL

WITH DAVID GOODMAN

David Goodman | Mar 02, 2019 |

Study finds that dollar store produce as good as supermarket produce

A study conducted by the University of Nevada Las Vegas (UNLV) concluded that the quality of fruit and vegetables at dollar stores is as good as the produce at conventional grocery stores. For the study, fruit and veggies at 14 dollar stores were compared in terms of color, cleanliness, freshness and firmness with produce at […]

David Goodman | Mar 02, 2019 |

Amazon reportedly to launch supermarket business; Los Angeles, Philly in the mix

Amazon plans to launch a new retail grocery business, according to a report in The Wall Street Journal. The report stated that Amazon already plans to open a grocery store in Los Angeles – possibly before the end of this year – and has signed leases to open two more in early 2020. In addition, […]

David Goodman | Feb 15, 2019 |

Saladworks to expand presence at Brown's Wakefern supermarkets

Saladworks opened its first-ever location in a supermarket about a year ago, in a Philadelphia ShopRite owned by Jeff Brown. And now, after deeming the pilot a success, it plans to expand its presence at Brown-owned Wakefern Food Corp. locations in Greater Philadelphia. So far, Saladworks restaurants are planned for Brown’s ShopRite and Fresh Grocer […]

David Goodman | Feb 15, 2019 |

Giant opens 38,000 SF e-commerce hub in Lancaster, PA

Giant held a grand opening earlier this week for its 38,000 square foot Giant Direct hub, built on the site of a closed Giant supermarket in Lancaster, PA. The facility serves as a curbside pickup site and grocery delivery center. It’s the fifth site of its kind for Giant. According to the company, customers can […]

David Goodman | Feb 14, 2019 |

Price comparison finds Whole Foods, Acme as most expensive in Philly

A December story on Philly.com reported the findings of a Consumers’ Checkbook study that compared prices of 19 grocery stores in the region. The lowest prices? Walmart. The highest? Whole Foods. “When Amazon purchased Whole Foods last year, many consumers were excited by the prospect of paying Amazon-like prices for Whole Foods-quality products,” said Checkbook […]

David Goodman | Feb 12, 2019 |

Trader Joe's to end grocery delivery in Manhattan

Trader Joe’s announced that effective March 1, the company will cease grocery delivery services in Manhattan stores. According to Business Insider, an email statement from Trader Joe’s cited cost and the availability of other delivery services in the area. Unlike most leading grocers, Trader Joe’s typically does not provide online grocery shopping, nor does it […]

David Goodman | Feb 12, 2019 |

Lidl planning to take part of vacant Acme in Lansdale, PA

Lidl presented plans to Towamencin Township last month to take over about half of the former Lansdale, PA Acme that closed last summer. Acme occupied about 60,000 square feet. “We’re definitely looking at opening this year, this calendar year. That’s the hope,” said Sam Kachidza, Real Estate Manager of Acquisitions for Lidl U.S. The site […]

David Goodman | Feb 12, 2019 |

No plans for more Whole Foods 365 stores

Whole Foods announced last month that the company will not open any more Whole Foods 365 stores, but the 12 existing stores will remain in business. The smaller 365 stores were launched in 2016 and featured Whole Foods private-label products in an attempt to lure customers who wanted to avoid the full-sized stores, also known […]

David Goodman | Feb 12, 2019 |

Walmart has quickly become the top online grocer in the U.S.

The world’s largest retailer is quickly becoming a big factor in online grocery shopping. In fact, consumer market researcher Packaged Facts said late last year that 23% of online grocery consumers cited Walmart as the retailer they use most for groceries. Amazon is the only retailer cited more often (38%). As far as in-store grocery […]

David Goodman | Feb 06, 2019 |

Giant's Heirloom Market to open more Philly stores

Giant opened its first Heirloom Market in the Graduate Hospital neighborhood of Philadelphia less than two weeks ago, and according to the company, three more city locations will soon follow. An Heirloom Market store is scheduled to open this summer in University City, followed by stores in Northern Liberties and Queen Village. Giant’s small, urban […]

David Goodman

David leases high-quality shopping centers, represents select retail clients and sells vacant bank properties.

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